People & Company News


Wärtsilä Simulators for New Portuguese Facility

Sep 16, 2019

Wärtsilä has supplied simulators aimed to provide realistic hands-on training at a new facility in Portugal. The training center is developed and run by the Port Authority for the ports of Douro, Leixōes and Vano do Castelo (APDL), and was inaugurated…

Metal Shark Delivers Foil-assisted Catamaran

Sep 16, 2019

Shipbuilder Metal Shark said it has delivered a new excursion vessel to Southwest Florida tour and charter boat operator Pure Florida.Sea Flight is a custom 40’ x 14’ welded aluminum foil-assisted catamaran designed and built to USCG Subchapter…

UK Invests in ‘Maritime and Me’ Diversity Program

Sep 16, 2019

UK Maritime Minister Nusrat Ghani has pledged £730,000 (about $910,000) in Government funding to increase diversity, well being and skills in the maritime sector, including £100,000 (about $125,000) for a new scheme in which girls aged 11 to…

Tsuneishi Philippines Delivers First Boxship

Sep 16, 2019

Tsuneishi Shipbuilding has delivered its first containership newbuilding from its yard in the Cebu, the Philippines.The Philippines yard’s first container vessel, a 1,944 teu Bangkok Max sized ship was delivered on 10 September. The Bangkok…

Aramco Suspends 50% of Production

Sep 15, 2019

Saudi Arabia has temporarily halted production at two Aramco oil facilities that were attacked by Yemeni rebels, interrupting about half of the company’s total output.Saudi Aramco said the production of 5.7 million barrels of crude a day had…

Graney Name President General Dynamics Electric Boat

Sep 14, 2019

General Dynamics (NYSE: GD) appointed General Dynamics NASSCO president Kevin Graney as president of General Dynamics Electric Boat, effective October 1. David J. Carver, NASSCO’s vice president and general manager of repair, will succeed Graney as president of General Dynamics NASSCO…

Ports Asks EU to Focus on Port Economy

Sep 13, 2019

Antwerp and Rotterdam Port Authorities asked new European Commission (EC) and Parliament to focus on the economic significance of ports.The energy transition and digitization are the two strategic challenges facing large industrial ports. The…

Dan-Bunkering Welcomes Damidaviciute

Sep 13, 2019

Dan-Bunkering (America) Inc. in Stamford, CT, has announced the employment of Agne Damidaviciute as Purchaser.Damidaviciute  comes from a similar position at a company based in The Netherlands, enabling her to add value to the office in Stamford…

CODA Elects Plumb to Board of Directors

Sep 13, 2019

Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA), a leader in real-time 3D sonar technology and real-time subsea intelligence, announced the election of J. Charles Plumb, Captain, USNR (Ret.) to its Board of Directors. Captain Plumb was elected at the company’s annual meeting of stockholders…

Sovcomflot, NYK Pact on Financing 2 LNG Carriers

Sep 12, 2019

Russian maritime shipping company specializing in petroleum and LNG shipping Sovcomflot (SCF Group) and NYK Line have announced that they have signed a new $176 million non-recourse credit facility for eight years with three leading international banks…

YachtAid Delivers Relief to the Bahamas

Sep 12, 2019

On Sept. 1, as category 5 Hurricane Dorian ravaged the Bahamas, YachtAid Global’s Operation Topaz prepared to assist.Numerous vessels over 100-ft. LOA deployed swiftly to the Bahamas. They were engaged by YAG in Operation Topaz’ relief effort…

CMA CGM Appoints Casanova Deputy CFO

Sep 12, 2019

The CMA CGM Group announced the appointment of Olivier Casanova as Group Deputy Chief Financial Officer.He will also serve as CEVA Logistics’ Chief Financial Officer.Casanova is a graduate from HEC. He started his career in 1991 as an investment…

Los Angeles Port Breaks August Cargo Record

Sep 12, 2019

The Port of Los Angeles has set a new single-month cargo record for the fifth consecutive month making it the busiest August in the Port’s 112-year history.During the month, the port moved 861,081 Twenty-Foot Equivalent Units (TEUs), an increase of 4…

WISTA UK, ABP Host 'Women in Maritime'

Sep 12, 2019

Associated British Ports (ABP), the UK's largest port operator, teamed up with the Women in International Shipping and Trade Association (WISTA UK) to organize a reception to promote the ongoing effort to drive gender diversity across the maritime industry…

Nasdaq: Performance Shipping Out of Compliance

Sep 11, 2019

Greek boxship owner Performance Shipping disclosed that it has received a noncompliance notification from the Nasdaq Stock Market.The notice was received from the regulator because the company's  closing share price was below $1.00 per share for 30 consecutive days…

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